Mark Caragio
1031 + 121 Non-Qualified Use
We have a property acquired in a 1031 exchange, which we rented out for 2 years and then converted to our primary residence. We are approaching year 5 of ownership and plan to sell eventually, but not sure of the tax...
Lori F.
Selling a property acquired through a 1031 exchange
I'm considering the sale of a property I acquired in 2014 through a 1031 exchange. I would be doing a straight sale, not another 1031 exchange. I'm having trouble finding a formula to help me figure out what the tax i...
Matthew B.
Tax Implications of Quit Claiming to Other Entities
I was originally posting this for my parents, but the more I think about it, the more I want to know for myself.My parents have around 15 or so rental properties owned by a single S-Corp which also owns a non real est...
John D.
If rental is converted to owner occupied; then is $250K tax free?
Consider I buy a property and rent it out. Then sometime in the future I occupy it as an owner for 2 years and then sell it off. Would I receive the full $250K profit from selling the property as tax-free money?
Neal O.
Opportunity Zone Investing Process
I am currently in contract on a duplex in a designated Opportunity Zone. In order to take advantage of the tax benefits, what is the process exactly? Do I have to "register" the investment as such somewhere? Or do I j...
Gilbert Ross Jr
Note Investing
I have been in the note business for a short time but have not had much success at this time. I would like to connect with someone who is in the business and talk about the business. Please email me at [email protected]...
Ricky Brown
Is a 1031 my next move?
I just wanted to get a general consensus on what my next move should be. I have a rental property (still financed as a primary residential) that is on the market for sale. From research, I see that 1031 is a way to de...
Lisa Hill
Opportunity Zone vs 1031
We may have up to 500k in equity in a rental house that we plan to sell. I found a multi unit property in an opportunity zone. Where do I go to find out how the tax deferral works? I’ve read up on it but am a bit o...
Barry H.
1031 exchange to fund down payment on development project
Would the capital gains from selling an investment property held in a particular LLC be eligible for a 1031 exchange fund if it is applied to a down payment on a commercial development owned by same LLC that broke ...
Tam Le
1031 Exchange or Other Strategies
Hi,I am going to put my rental property on the market and am looking to take the equity from it to buy a new home (primary residence). Question is can I use the 1031 exchange for this or does the new home have to be ...